Page 2869 - Markets News
Investors lose over Rs 4-trillion in two trading days
Total investor wealth, measured in terms of the cumulative market value of all listed stocks on BSE, fell by Rs 4.16 trillion in past two trading sessions to Rs 153 trillion
 "Investors lose over Rs 4-trillion in two trading days")
HCL Technologies' Rs 40-bn buyback offer to commence on September 18
In July, HCL Technologies had announced the buyback programme for FY19 at Rs 1,100 per share
 "HCL Technologies' Rs 40-bn buyback offer to commence on September 18")
Saksoft hits new high on credit rating upgrade; stock surges 14%
The stock has rallied 14% to Rs 343, extending its 6% gain on the BSE in past two days, after the rating agency CARE Rating upgraded the long-term bank facilities of the company with positive outlook.
 "Saksoft hits new high on credit rating upgrade; stock surges 14%")
This pharma stock zooms over 100% in five weeks
The stock hit a new high of Rs 830, up 10% in the intraday trade today, rallied 103% from Rs 408 on August 7, as compared to 0.58% rise in the S&P BSE Sensex.
 "This pharma stock zooms over 100% in five weeks")
Equity markets post biggest fall in 6 months; Rupee closes at 72.45
Bond yield at 4-year high as CAD widens to the most in five years
 "Equity markets post biggest fall in 6 months; Rupee closes at 72.45")
Rupee slide forces analysts to rework forecasts amid widening trade deficit
India's trade deficit for August is likely to remain at $17 billion to $18 billion, while the Federal Reserve is set to raise rates again this month
 "Rupee slide forces analysts to rework forecasts amid widening trade deficit")
Unlisted companies have to issue new shares in demat form from Oct 2: Govt
The decision also comes at a time when the ministry is clamping down on shell companies that are suspected of being conduits for illicit fund flows
 "Unlisted companies have to issue new shares in demat form from Oct 2: Govt")
Nifty FMCG index hits six-week low; ITC, Godrej Consumer down 2%
Thus far in September, the Nifty FMCG index underperformed the market by falling 8% against 2% decline in Nifty 50 index.
 "Nifty FMCG index hits six-week low; ITC, Godrej Consumer down 2%")
Suven Life Sciences nears record high; stock surges 30% in one week
The stock hit a 52-week high of Rs 338, rallied 88% in past four months, trading close to its record high of Rs 339 touched on April 15, 2015 on the BSE.
 "Suven Life Sciences nears record high; stock surges 30% in one week")
Sun Pharma, BSE, PTC India among stocks to watch out for in today's session
Sun Pharma has agreed to acquire 18.75 per cent shares of Israel-based Tarsius Pharma for a cash consideration of $3 million (over Rs 21 crore).
 "Sun Pharma, BSE, PTC India among stocks to watch out for in today's session")
Global financial crisis: Lessons for India from the 2008 crisis and beyond
India's real economic crisis came not in 2008-2009, but in 2012-2014
 "Global financial crisis: Lessons for India from the 2008 crisis and beyond")
10 yrs of Lehman collapse: How a crisis snowballed into a global meltdown
The second part of the multi-part series on the 10th anniversary of the collapse of Lehman Brothers looks at how some large banks and their CEOs fell
 "10 yrs of Lehman collapse: How a crisis snowballed into a global meltdown")
Rupee to hit 73 by Mar 2019; fiscal target to be breached, says report
As global uncertainties escalate, emerging economies like India which are running twin deficits are likely to face heightened financial market volatility
 "Rupee to hit 73 by Mar 2019; fiscal target to be breached, says report")
Stock calls and outlook on Nifty by Prabhudas Lilladher for today
Nifty outlook and few trading ideas by Vaishali Parekh, research analyst - technical research at Prabhudas Lilladher
 "Stock calls and outlook on Nifty by Prabhudas Lilladher for today")
Top trading ideas by Anand Rathi Research for today: Buy Lupin, Axis Bank
Nifty outlook and top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research
Sebi mulls allowing NRIs through FPI route after meeting specific KYC norms
Move will help do away with several curbs on NRI investments, opening a new source for foreign inflows
 "Sebi mulls allowing NRIs through FPI route after meeting specific KYC norms")
Today's picks: From Cipla to HPCl, hot stocks to watch on Tuesday
Nifty, Bank Nifty, HPCL, IndiaBulls Housing
IL&FS group companies stocks plunge up to 14% on rating cut by ICRA
IL&FS Transportation Networks slumped 13.79%
 "IL&FS group companies stocks plunge up to 14% on rating cut by ICRA")
GAIL on strong wicket aided by robust LNG demand, share price may rise
Rising gas demand, growing pipeline infrastructure, product coming under GST and unified rates to boost profit
 "GAIL on strong wicket aided by robust LNG demand, share price may rise")
Strong successor taking up the top job could improve Axis Bank fortunes
Execution key to sustain valuations for Axis Bank
 "Strong successor taking up the top job could improve Axis Bank fortunes")